Investment Engineer

Posted:
10/23/2024, 1:27:24 AM

Location(s):
Connecticut, United States ⋅ Westport, Connecticut, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

Workplace Type:
Hybrid

Pay:
$122/hr or $253,760 total comp

About Bridgewater 

Bridgewater Associates is a premier asset management firm, focused on delivering unique insight and partnership for the most sophisticated global institutional investors. 

Our investment process is driven by a tireless pursuit to understand how the world’s markets and economies work — using cutting edge technology to validate and execute on timeless and universal investment principles. 

Founded in 1975, we are a community of independent thinkers who share a commitment for excellence. By fostering a culture of openness, transparency, and inclusion, we strive to unlock the most complex questions in investment strategy, management, and corporate culture. 

Explore more information about Bridgewater on our website here. 

Our Culture 

Bridgewater’s unique success is the direct result of our unique way of being. We want an idea meritocracy in which meaningful work and meaningful relationships are pursued through radical truth and radical transparency. We require people to be extremely open, air disagreements, test each other’s logic, and view discovering mistakes and weaknesses as a good thing that leads to improvement and innovation. It is by continually striving together for the highest levels of truth and excellence that we create meaningful work and meaningful relationships. Within this culture, Diversity and Inclusion is a top priority because it is essential to finding the best talent in the world, enabling our idea meritocracy, and creating an environment where all types of people can thrive. We have a full-time team as well as affinity networks that work on these issues - If you would like to learn more, please let your Bridgewater recruiter know. 

Explore more information about Bridgewater’s culture on our website here. 

About the Team: 

We are an Engineering owned and led organization which strives to balance independence with incredible community support in an environment that is intellectually vibrant and driven to make a mark on the world as a collaborative force.  

Our core values: 

  • Honesty, transparency, directness, personal accountability, driven by doing what's right for the organization. 
  • Holding a very high bar for each other, everything we do, and everything we build. 
  • Actively engaging in shaping our environment and how we do things. You create the culture again every day you come into the office - it must be highly dynamic and owned by all of us.  
  • Autonomy and self-motivation: we are here to enable and develop (not manage) great people who share our way of being and passion for working on important problems that have big impact. 

About Your Role: 

As an Investment Engineer on the Portfolio Implementation team, your mission is to understand how to manage money at the size and scale that Bridgewater does. You will spend your time designing, building and evolving the investment system that manages our several portfolios and investment strategies from Risk Controls through to Trade Generation. The Investment Engineer will be embedded within the Portfolio Implementation team and gain a key understanding about our portfolio construction logic, process, and systems. 

In this role you will drive the following responsibilities 

  • Design, build and evolve the investment system that manages our portfolios from risk controls through to trade generation. 
  • Translate investment goals and understanding into elegant and robust systematic logic. 
  • Dive deep into the systems and learn the contents to perceive issues in our logic and translate those problems into business solutions. 
  • Visualize different ways to streamline and industrialize our Portfolio Construction through trade delivery process. 
  • Own and develop tools to oversee and validate our Portfolio Construction process. 
  • Understand and enforce the best engineering standards across the Implementation team. 

You will be a click for the role if you: 

  • Have 1 - 2 years of professional experience in a relevant engineering field.  
  • Have strong analytical and problem-solving skills with the ability to troubleshoot complex issues and develop innovative solutions.  
  • Have strong technical abilities, coding experience in Scala, Python, SQL, is preferred but not required. 
  • Have excellent verbal and written communication skills and can translate technical concepts to different stakeholders. 
  • Are practical and goal oriented so you can quickly interface with the various partners across the firm to perceive and solve problems. 
  • Have a desire to use technology and engineering to solve real world business problems 

Why Choose Bridgewater? 

It takes all types to make Bridgewater great. We seek a diverse group of innovative thinkers and push them to engage in rigorous and thoughtful inquiry. We develop people through an honest examination of their abilities and performance, enabling personal growth and professional development. We strive to provide you opportunities that will challenge you and unlock your potential. 

In this role, you will grow with us by: 

  • Undergoing a training program of structured classes and on-the-job apprenticeship. 
  • Taking ownership of increasingly complex systems and processes. 
  • Taking on oversight and mentorship responsibilities to grow talent as you gain experience. 
  • Opportunities to grow your career across Bridgewater depending on your strengths, weaknesses, and experience. 

Compensation Band: 

  • The wage range for this role is $225,000 – 265,000 inclusive of base salary and discretionary target bonus. The expected base salary for this role is between 60% - 75% of this wage range. 

One of our core priorities at Bridgewater is to enable our employees to build a great life and career, and we believe our benefits are an important extension of that philosophy. As such, currently Bridgewater offers a competitive suite of benefits including: 

  • Health insurance with 100% premium covered and access to additional concierge medical services 
  • 401(k) plan with generous employer match 
  • Paid time off, including fully paid parental leave and a competitive PTO package 
  • Workplace flexibility and access to back up childcare 
  • Financial assistance for family building support, including adoption and egg freezing 
  • Workplace wellness, including on-site gyms, free meals and healthy snacks, and meditation rooms 
  • An engaged and active community that includes many company events, affinity networks, and extracurricular interest groups 
  • For a full list of Bridgewater benefits, click here. 

Physical Requirements:

For most of our roles, Bridgewater offers remote work flexibility, with most employees required to work on campus as their principal work location for a minimum of 3 days per week.  

Bridgewater reserves the right to change its current benefits program at any time, in a manner that is consistent with applicable federal and state regulations 

This job description is not a contract and confers no contractual rights, privileges, or benefits on any applicant or potential applicant. Bridgewater has the right to change any and all terms of this job description, including, but not limited to, job responsibilities, qualifications and benefits. Nothing in this job description constitutes an offer or guarantee of employment.  

Bridgewater Associates, LP is an Equal Opportunity Employer.